STT hike in F&O intended to discourage speculative trade, handle systemic risk in derivatives: Revenue Secretary
The Budget has proposed an increase in the STT on futures contracts to 0.05% from 0.025%. STT on options premium and exercise of options are proposed to be raised to 0.15% from the present rate of 0.1% and 0.125%, respectively
The Budget has proposed an increase in the STT on futures contracts to 0.05% from 0.025%. STT on options premium and exercise of options are proposed to be raised to 0.15% from the present rate of 0.1% and 0.125%, respectively
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